Rob Shinn
1031 Exchange
I have a question regarding a 1031 exchange. I just purchased my first flip and should make a nice return on it. My question is, with a 1031 exchange do I have to find a brand new property or can I use the proceeds...
Don Chambers
Direct Mail - What does response rate mean?
I just started my first direct mail campaign. I would like to know what to expect so I don't get discouraged. My research finds that it usually takes multiple mailings to get a response rate and that rate is about...
Hament Raju Mahajan
Apartment Active investors buying too many door too quickly ??
I know over 5 Deal sponsors (active partners) who syndicate Multifamily apartment deals (they raise money from passive investors and manage the project) .I see that in the last couple of years most of them talk about ...
Evelyn Castillo
A newbie during COVID19
Hey BP! Im in the stage ofInvesting in my education. I always hear how if you wait for the perfect time to invest, you will never make it happen, which makes perfect sense. However, given that I am a newbie do you thi...
Rob Beardsley
Loss to Lease: What am I missing? Thoughts?
In commercial real estate, a loss to lease refers to a unit being rented for below market value. For example, if there is an apartment community renting two bedrooms for $1,000 per month yet a tenant who has been ther...
George Torres
Applying for a conv/fha loan--First Home/Investment Property
Hey guys, so here's the deal... I'm itching to buy my first 2 family home/investment property but can't decided if I want to A) take out a conventional loan and cover the downpayment with a loan against my 401k or B) ...
Greg Gallucci
Creative Financing
I have the opportunity to purchase a 100 unit apartment complex. The owner had recently taken out a CMBS loan that offers no ability to prepay without a significant penalty. We would need to assume the loan at a relat...
Marissa Nestor
Can't get an owner occupied loan
Hello, Bigger Pockets!
This is my first post, and I am in the process of finding a lender for my first home purchase. Originally, I was looking for a "house-hacking" situation with either a small home + attached li...
Robert Ellis
Apartments and Retail / Office Mixed Use in Columbus
Hi everyone, i've been to a few multifamily meetup groups this month and I wanted to get everyones opinions. The consensus in a lot of the groups (at least in Columbus) is a super high competition for multifamily prop...
Account Closed
Need Some Advice ...
Hey bp , I recently had a conversation with a friend who recently became a realtor. He was informing me that the int. rate on a mortgage loan might possibly reach up to 7-8% in 3 years. We also discussed my goals a...